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Happening now, vice president harris just broke a 50-50 senate tie to open up debate on democrat's sweeping health care, climate change and tax bill. it could last up to 20 hours, and the bill includes the country's largest ever investment to combat climate change. it earmarks $369 billion to cut carbon emissions by 40% by 2030. separately medicare could be allowed to negotiate some prescription drug prices and cap out out-of-pocket expenses. affordable care act subsidies would also be extended for another three years. so how is congress planning to pay for all of this? well, the bill includes...

Bill. that is also very important. $369 billion on climate programs that include tax credits for electric vehicles. to make your homes more energy efficient. it also extends the obamacare subsidy which is politically important for democrats. that was going away in january. people would be finding out about that right around the midterm election. so they really wanted to push that through. it also allows medicare to negotiate the cost of prescription drugs down. the cbo came out said that could actually increase the initial cost of drugs because pharmaceutical companies will know that they will...

Back with us now is white house natural climate adviser gina mccarthy. hopefully you can hear me now. thank you so much for joining us this evening. as i asked you before, what are the benefits of this bill? how is it going to help save the planet? >> well, pamela, there are so many benefits of this bill. i know they say that good things take time. this took time. this is an absolute historic investment in climate change, in clean energy, in growing jobs, in saving communities money and consumers money. it's just filled with investments that will also help disadvantaged communities get a leg u...

Convoluted procedural process which allows passage with a simple majority. >> here's a snapshot of what's in the legislation. it includes $369 billion to combat climate change. it gives medicare the ability to negotiate some drug prices, caps medicare out-of-pocket costs at $2,000 and extended the affordable care act subsidies for three years. >> melanie zanona joins us with more. can you update us on where things stand right now? >> yeah. so the timing of all of this is still very much in flux. we're waiting for a final ruling from the senate par liamentaria to see whether this passes budget ...

Closer to a major climate bill. that bill has passed a key hurdle in kyrsten sinema, who supports the legislation. her support is essential as democrats push for passage of the legislation, after what we will call a convoluted procedural process. >> here's a snapshot of what is in the bill. it includes $369 billion to combat climate change, which is the largest investment in u.s. history. it gives medicare the power to negotiate some drug prices. it caps medicare out-of-pocket expenses at $2 million and extends affordable care act subsidies for three years. >> melanie, we understand that democ...